|Bid||6.86 x 800|
|Ask||7.01 x 1000|
|Day's Range||6.86 - 6.90|
|52 Week Range||5.05 - 7.50|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||127.41|
|Earnings Date||Aug 05, 2020|
|Forward Dividend & Yield||0.20 (2.89%)|
|Ex-Dividend Date||Jun 30, 2020|
|1y Target Est||7.00|
Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced it will release its financial results for the quarter ended June 30, 2020 after 4:00 p.m. (Eastern Time) on Wednesday, August 5, 2020, and will host a conference call the following day, Thursday, August 6, 2020, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that Rota Fortunae, the pseudonymous author who executed a "short-and-distort" attack on the Company via a posting published on SeekingAlpha.com, has been identified as Quinton Mathews from Dallas, Texas.
Farmland Partners Inc. (NYSE: FPI) (the "Company") announced today that the Honorable Kristin L. Mix, United States Magistrate Judge for the District of Colorado, ruled in favor of the Company in two critical orders issued on May 18, 2020 in Farmland Partners Inc. v. Rota Fortunae, et al., 18-cv-02351-KLM. This matter concerns the short-and-distort scheme set forth in Farmland Partners' July 23, 2018 complaint whereby Rota Fortunae and his co-conspirators posted false and misleading statements on SeekingAlpha.com about Farmland Partners (the "Posting") while taking sizeable short positions in Farmland Partners' stock to earn substantial profits from the market's negative reaction to the Posting.
On May 7, 2020, Farmland Partners Inc. (NYSE: FPI) announced that its Board of Directors had declared a quarterly cash dividend of $0.3750 per share of Series B Participating Preferred Stock. The Company's announcement inadvertently stated that the payment date for such dividend is July 1, 2020 rather than June 30, 2020. The dividend payable in respect of the Series B Participating Preferred Stock will be paid on June 30, 2020 to holders of record on June 15, 2020.
Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced it will release its financial results for the quarter ended March 31, 2020 after 4:00 p.m. (Eastern Time) on Thursday, May 7, 2020, and will host a conference call the following day, Friday, May 8, 2020, at 1:00 p.m. (Eastern Time) to discuss the financial results and provide a company update.
Farmland has historically outperformed most major asset classes like stocks, bonds, and even real estate. With less and less land available, and more mouths to feed, the basic economics of supply and demand prove favorable for the continued growth of this asset class. U.S. farmland has produced average annual returns of almost 12% for nearly 30 years, according to the National Council of Real Estate Investment Fiduciaries. These returns, notably, were achieved with significantly less volatility when compared to the majority of other asset classes as well. This is because farmland investments are typically made using little or no debt, thus it has been less risky than other levered assets.Of recent note, farmland is also a highly uncorrelated asset class. The S&P 500 and Farmland have had a -0.03 correlation over the past three decades, which means the performance of one has virtually no impact on the other. This helped farmland investors achieve better-than-average results through the last economic downturn as indicated below.As is the case for most alternative assets, the biggest challenge for retail investors has been lack of access to farmland. But that is starting to change. Different Options For Land Investing Outside of simply purchasing farmland, avenues to invest in farmland have historically been quite limited. Farmland investment funds, Real Estate Investment Trusts (REITs), and outright ownership of land all provide solutions for investing in farmland, however, each has advantages and drawbacks. AcreTrader, an online investment platform, uses elements of crowdfunding to present investors an attractive alternative to adding farmland to their portfolio.Institutional Funds The attractiveness of farmland as an investment has attracted capital from private equity funds and large family offices like the Bill and Melinda Gates Foundation, who have invested in farmland via Agricultural Land Funds. But while there has been significant momentum of professional investors moving into farmland, investing through funds can have very expensive barriers of entry.Many of these funds measure their assets in the hundreds of millions or even billions of dollars. This type of scale provides great leverage in farming, back-office functions, and the ability to participate in auctions of large farms. However, these funds typically require an investment minimum of $1 million, often with 10-year lockups on capital.For context, the professionalization of this asset class is still in a very nascent stage. While institutional investments in farmland are now estimated to be over $30 billion (up from $3 billion ~10 years ago), this remains just one percent of the over $3 trillion market. These farm funds have an important place in the U.S. market, and some of these funds have great teams, processes, approaches, and returns. However, the barriers to entry and high fees preclude the overwhelming majority of investors looking to diversify their portfolio with farmland from participating.REITs Investors are also able to access farmland by participating in a publicly traded REIT. However, this option has been more correlated with the stock market than the underlying value of the land, which defeats two of the most attractive reasons investors are interested in farmland in the first place: to get away from the stock market and to reduce volatility.For context, over the past five years, the correlation between the two large farmland REITs, Gladstone Land (NASDAQ: LAND) and Farmland Partners (NYSE: FPI) and the S&P 500 have been 0.66 and 0.78 respectively. In addition to market exposure, a lack of disclosure and the burden of debt can further complicate investing in farmland REITs.Outright Ownership The most common method to invest in farmland is direct ownership. Despite the exceptional friction and headache that can accompany owning land outright, over 30% of U.S. farmland is owned by non-operator landlords:Though direct ownership in farmland is well established, it requires investors to commit large amounts of upfront capital, as well as manage the business and it's associated complexities.In addition to the capital requirement, investors must also be prepared to search for and identify attractive land, conduct due diligence, negotiate terms with the seller, coordinate a lengthy closing process, identify a manager and/or farmer for the land, open bank accounts, negotiate leases and contracts, manage payments and collections, pay taxes and insurance, deal with problems that arise, and constantly monitor operations.An Attractive Alternative Each of the above options provides exposure to the asset class, however, these investment options tend to work only under certain circumstances and leave the majority of investors without a real ability to invest in agricultural land. That's the problem that AcreTrader, a real estate investing platform that makes it easy to buy shares of farmland and earn passive income, is trying to solve. Unlike Agricultural Land Funds, investors can start out with as little as $10,000 on the AcreTrader platform. And unlike outright ownership, AcreTrader provides investors with transparency, flexibility, and ease of use while handling all aspects of administration and property management. AcreTrader carefully reviews each farm, selecting less than 1% of the total parcels considered, then places each farm offering in a unique legal entity and offers shares to investors through their online platform. Investors can make money two ways: 1) annual distributions from farmers renting out the land, and 2) appreciation of the land during the holding period. Buying farmland is very difficult. But, AcreTrader helps eliminate the friction involved by allowing investors to buy farmland directly while removing the aforementioned headaches. See their current offerings and to get started today. Photo by John Reed on UnsplashSee more from Benzinga * Sanofi CEO Talks Coronavirus Vaccine Development, Potential Treatment * P/E Ratio Insights for Facebook * PreMarket Prep Stock Of The Day: Baidu(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NEW YORK, NY / ACCESSWIRE / March 12, 2020 / Farmland Partners, Inc. (NYSE:FPI) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 12, 2020 at 11:00 ...
Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter and fiscal year ended December 31, 2019.
Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2019 after 4:00 p.m. (Eastern Time) on Wednesday, March 11, 2020, and will host a conference call the following day, Thursday, March 12, 2020, at 11:00 a.m. (Eastern Time) to discuss the financial results and provide a company update.
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]
Farmland Partners (FPI) delivered FFO and revenue surprises of -700.00% and -18.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
DENVER , Nov. 11, 2019 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended September 30, 2019 . "Despite the disappointing ...
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]